CUA Law alumnus, Gregory Ugalde '85, was elected Chairman of the National Association of Home Builders (NAHB) during the association's International Builders' Show in Las Vegas.
Ugalde is president and chief legal officer of Torrington-based T&M Building Co., Inc., one of the state's largest home builders. He is also the founder and owner of GFU Investments, LLC, a builder/developer minority-owned business that focuses on urban development and workforce housing.
"Easing the growing housing affordability crisis is the most important issue facing our industry in 2019," said Ugalde. "This year we will work with policymakers to reduce burdensome regulations that are needlessly raising the cost of housing, exacerbating affordability concerns and holding back a more robust recovery in the residential construction sector. We will also urge Congress to reform the nation's housing finance system and to adopt practical workforce development and immigration policy that will help address chronic labor shortages in the housing sector."